I was surprised to read a Rep. in Ohio (Congresswoman Marcy Kaptur) was advising people to not give up their homes without a fight. She makes a good point.
The Financial community is so screwed up they don't know what of their assets are toxic. So, her point is they might be so screwed up they lost the paperwork on your mortgage. She says legally you are able to require them to "produce the note".
This isn't a strategy I'd recommend, but these are tough times and should you find yourself in this corner you may want to consider it.
See: http://rawstory.com/news/2008/Rep_Forec ... _0130.html"So I say to the American people, you be squatters in your own homes," said Congresswoman Kaptur before the House of Representatives. "Don't you leave."
She's called on all of her foreclosed-upon constituents to stay in their homes and refuse to leave without "an attorney and a fight," said CNN.
"If they've had no legal representation of a high quality, I tell them stay in their homes," Kaptur told Griffin.